SML Mahindra's (NSE:SMLISUZU, BOM:505192) commercial vehicle sales nearly doubled to 952 units in November from 490 units a year ago, according to a Monday filing to the Indian bourses.
Commercial vehicle exports also jumped to 135 units in November from 49 units a year earlier, while production increased to 1,394 units from 894 units.
The company's shares were up nearly 3% in recent trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.